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5 years ago

Govt alert to face security concerns over digital transaction

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Planning Minister MA Mannan on Saturday said the government is always ready and alert to face the security concerns over digital transaction and mobile banking.

“We’re trying to face such concerns after taking help of technology both from inside and outside the country. It’s a growing menace (security concerns over digital transaction and mobile banking) and the government is always ready and remained alert to face these concerns on the whole,” he said.

The Planning Minister was addressing the “Financial Inclusion Summit 2019” held in a hotel in the city’s Gulshan area, reports BSS.

Director of financial inclusion, Innovations for Poverty Action Rebecca Rouse spoke on the occasion as special guest while Prof Imran Rahman and Sajid Amit of University of Liberal Arts Bangladesh (ULAB), bKash Ltd CEO Kamal Quadir, and managing director of APMEA, Fern Software Debbie Watkins also spoke.

Mannan said that incidents like cyber heist also took place in other countries and the government is trying hard to ensure that there is no more incident like Bangladesh Bank cyber heist. “We’re providing all necessary support to those who are working on ICT in this regard,”

The Planning Minister said that alongside increased growth, the country will also witness more investment and industrialisation in the coming years and thus the unemployed youths would get scope for employments.

Noting that it is very much possible to address poverty and inequality through financial inclusion, he said that a big portion of the country’s economy was outside the purview of the financial sector few years back.

“But, if we can expedite financial inclusion, then we’ll be more benefited and for this we’re increasing the movement of money through banking in the rural areas, agent banking, bkash……we’ve also enacted law and asked the banks to open their branches in the villages,” he said.

The Planning Minister noted that financial inclusion is also ensured through providing various services and cash incentives through mobile phones to the marginal people and rural people including farmers and fishermen. “The various ways of innovative financing will increase day by day,” he added.

 

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